The Self-Generation Incentive Program – Equity Resiliency Budget (SGIP-ERB) under the California Public Utilities Commission (CPUC) provides incentives to cover the cost of equipment and installation of energy storage technologies to customers in California who live in Tier II or Tier III High Fire Threat Districts (HFTD) or have had two or more Public Safety Power Shutoff (PSPS) events and require electricity for medical, health and safety.
Though these incentives are generous, it can be financially challenging for Homeowners to pay for services and equipment between the time of installation and program reimbursement.
The GSFA ARP Program can help eliminate this issue by providing up-front funding to the Developer on behalf of the homeowner, which in turn will allow for broader consumer and developer participation in the SGIP-ERB Program.
Battery storage is a way to optimize energy by storing power for use at a later time. The SGIP-ERB California focuses on installation of energy storage technologies to service communities most impacted by Public Safety Power Shut-off (PSPS) events and/or located in Tier II or Tier III high fire threat districts, providing rebates to cover most, if not all, of the costs of energy storage systems.
Property owners must meet various criteria in order to be eligible for energy storage incentives through the GSFA ARP Program. The program is intended to ensure lower-income, medically vulnerable, as well as those in communities at-risk for fire are at the front of the line to receive competitive incentives for battery storage.
The SGIP Program targets:
GSFA will distribute funds to the Developer in two installments:
The funding for the GSFA ARP bridge financing program is made available through a combination of GSFA's capital along with recycled funds from a 2009 GSFA ARRA grant award by the Department of Energy, which is administered through the California Energy Commission.